Latest News | Ionic Wealth Crosses Rs 5,000-cr AUM, Unveils AI-powered Agent for Wealth Managers

Mumbai, Jul 22 (PTI) Ionic Wealth, a tech-led wealth management firm, has crossed Rs 5,070 crore in assets under management (AUM) in the June quarter, driven by growth in the ultra high net worth individual (UHNI) segment and increasing traction in the Rs 1-25 crore HNI category.

Angel One-backed Ionic Wealth said its "AUM grew 33.6 per cent sequentially to Rs 50.7 billion (Rs 5,070 crore) as of June 2025. Of this, Rs 43.4 billion (Rs 4,340 crore) comprised active assets, while Rs 7.3 billion (Rs 730 crore) were custody assets."

Also Read | ITR E-Filing 2025: From Last Date To Submit Income Tax Return to Steps To File ITR Online and Documents Required, Here's Everything You Need To Know.

As part of its omnichannel expansion, the Mumbai-headquartered firm also launched 'Ionic Agent', Agent' a proprietary artificial intelligence (AI) platform that empowers wealth managers to construct portfolios in real time.

The proprietary tool uses multiple AI agents to serve as product assistant, providing insights on planning, funds, or markets, by eliminating human biases and manual effort.

Also Read | National Flag Day 2025: What Do Saffron, White and Green Colours Represent in Tiranga? What Does Blue Ashoka Chakra Mean?.

"We're building an omni-channel proposition that marries deep domain knowledge with responsive intelligence. And as the industry looks for a blueprint to navigate this new era, we see the real impact: tools that make wealth management more accessible and transparent, and relationships powered by insight," Shobhit Mathur, Co-founder, Ionic Wealth, said.

The company serves over 1,000 HNI and UHNI clients through a team of 184 professionals.

India's HNI population is expected to touch 1.67 million by 2027, prompting wealth management platforms to innovate and widen access to previously exclusive services.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)